Document Retention Policy

A Document Retention Policy outlines how long a company keeps different types of documents and records. It helps ensure important information is maintained for necessary periods, such as for legal, financial, or operational reasons, and then properly disposed of when no longer needed. This policy protects the organization by ensuring compliance with laws and regulations while also managing storage costs. It covers documents like financial records, emails, contracts, and employee files, specifying retention periods and secure disposal methods to safeguard sensitive information.